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POLITICS: White House

White House backs Harry Reid plan to replace budget cuts

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Politics,Beltway Confidential,White House,Congress,Brian Hughes,Senate,Harry Reid,Fiscal Policy,Federal Budget

The White House on Wednesday endorsed a plan offered by Sen. Harry Reid that would use war savings to offset $85 billion in spending cuts that went into effect this year.

It’s a bit of a reversal for President Obama, who previously said he would not accept any measure to replace the so-called sequester if it did not include higher taxes.

“We support this effort to allow both sides to find a longer term solution,” White House Press Secretary Jay Carney said. “This would be a temporary solution and we would support it.”

However, Republicans dismissed the plan as a budget gimmick, saying it didn’t include any real cuts — such money hasn’t technically been spent yet.

Still, Carney defended the plan.

“Those savings are the result of policy decisions made by President Obama,” he insisted. “That is a fact.”

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Brian Hughes

White House Correspondent
The Washington Examiner